Monday, February 17, 2020
Compact Cars Research Paper Example | Topics and Well Written Essays - 2500 words
Compact Cars - Research Paper Example Corolla comes with more standard safety features, including six airbags, front-seat active head restraints and antilock brakes. Electronic stability control is optional. The new Toyota Corolla's good crash test scores earn it a Top Safety Pick from the Insurance Institute for Highway Safety. Reviewers praise the Toyota Corolla's safety record and excellent reputation for reliability. Fuel economy is outstanding with EPA ratings of 26-27 mpg city and 35 mpg highway, and real-life averages very close to those figures. The larger 2.4-liter four-cylinder in the XRS model gets 22 mpg city, 30 mpg highway in either manual or automatic. Corolla, LE, XLE and S trims come with a 1.8-liter four-cylinder engine standard, producing 132 horsepower and 128 lb-ft of torque. The XRS model ($18,760) dishes up a more beefy 158 horsepower and 162 lb-ft of torque. Corolla and S trims are available with either a four-speed automatic or five-speed manual. LE and XLE versions are only available with the four-speed automatic, while the XRS can be had with the five-speed manual or a five-speed automatic transmission. Toyota played it too safe in the styling department; Driverside says that "the 2009 Corolla is blessed with styling derived from its big brother, the Camry .The driver and passenger seats sit up higher than you might expect, and the vantage delivers exceptional visibility. Also, the steering, while adjustable, seems to jut from the dash, giving it a golf cart feel. Exterior options like a spoiler and 16-inch aluminium wheels do much to add character to the car. Surprisingly spacious inside, the Corolla offers plenty of head and legroom up front, with enough room inside for people over the six-foot mark. The backseat doesn't skimp on space either, though taller people may wish to stick to calling shotgun. The seats are comfortable in either cloth or leather trim, and build quality is impressive for a vehicle at this price". Interesting features: The most deluxe of all the Corolla trims, the XRS model comes loaded with a more powerful engine, leather interior, power windows and locks and a six-speaker sound system for $18,760. A six-disc CD changer
Monday, February 3, 2020
DE Beers Diamond Dilemma Case Study Example | Topics and Well Written Essays - 2250 words
DE Beers Diamond Dilemma - Case Study Example Political factors These factors emerge from the various policies, which are imposed by the government. De Beers as an incorporation had to deal with different political upheaval since it operated in different countries and had to sell its products to different countries as well (Gillespie, 2009). The political upheaval in Soviet Union in the year 1991 causes a lot of profit loss to De Beers Incorporation (Danielle, 2005). Before this upheaval, the Soviet Union and De Beer Incorporation had trading agreements and that dates back to the year 1950s. In this same year, deposits of Diamond were found in Siberia and from the trading agreement; Soviet Union had agreed to sell all their diamonds to this Incorporation. The integration of the Soviet system resulted into the collapse of the trading agreements that De Beer had with them and therefore, the enforcement of the various contracts were not possible. The political upheaval in Angola in the year 1990 also weakened the operations of De B eer Incorporation. The rebels were able to take control of major diamonds mines from the then President Dos Santos and this forced De Beer to purchase blood diamonds. Apart from Angola, other African countries, which were trading partners for De Beer, also suffered a lot of political upheaval. Countries like Sierra Leone, Democratic Republic of Congo, and Liberia were equally affected by the political upheaval and that led to reduced trading by De Beer. Trading in blood diamond later caused the company many revenues following their exposure in the year 1998. Economic factors Changes in the economy greatly affected the operations and organization of many business corporations (Gillespie, 2009). Due to hard economic times in diamond trade in the year 1999, De Beer was able to experience some shifts in its value chain (Danielle, 2005). A lot of integration in terms of forward and backward movement was experienced. Many investments in mines by the retail outlets were being experienced a t that time and at the same time many mines were equally becoming retailers. This integration proved it tough for De Beer since the company returns were greatly reduced. In the same year, jeweler Tiffany and Company that has been sourcing most of diamonds from De Beer announced its withdrawal and it bought some mining concerns from Canada at a cost worth $ 104 million. These economic factors affected De Beer Company and the Company opted to safeguard its market dominance. The safeguarding practiced proved to be very expensive for this company since it was forced to buy diamonds from inflated prices. Some of the diamonds, which were purchased at inflated prices, were later sold at very low prices. The emergence of Australian Argyle Company into the diamond trade further weakened the market bases for De Beer since this company was able to produce low quality diamonds, which were later sold cheaply. The inflation in prices of diamonds from other countries where De Beer was sourcing the m also made this company in the year 1990 to lose a lot of its market share (Danielle, 2005). The share price for this company was also able to reduce from 17 to 12 $ between the year, 1989 and the year 1998 and the fall in price presented a percentage drop of close to 30. Social factors These factors generally affect the demands of the various products produced by an organization. These factors circumrotate on the labor and the workforce within an organization (Gillespie, 2009). The processing of diamond in De Beer Company had several processing industries, which were helpful in the cutting and polishing of the processed diamonds. The Indians dominated the workforce in the organization and close to 1 million workers in the processing
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